数字化转型对银行有利可图吗？来自欧洲的证据

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-10-11 DOI:10.1016/j.frl.2024.106269

Alberto Citterio , Timothy King , Rossella Locatelli

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引用次数: 0

摘要

有关数字化转型（DT）对银行绩效影响的研究通常局限于单一国家，得出的结论也不尽相同。利用 2017 年至 2022 年欧盟 27 国 27 家银行的数据，并采用新颖的 DT 指数，我们证明了 DT 与更高的银行盈利能力相关，而 IT 和网络效率是关键驱动因素。此外，Covid-19 和国家 IT 水平对这种关系有积极的调节作用。有趣的是，其他分析还揭示了非线性关系，这表明 DT 投资带来的盈利收益需要一段时间才能实现，而且某些 DT 投资的边际收益会递减。

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Is digital transformation profitable for banks? Evidence from Europe

Studies on the impact of digital transformation (DT) on bank performance are typically restricted to single countries and present mixed findings. Using data on 279 EU-27 banks from 2017 to 2022 and employing a novel DT index, we demonstrate that DT is associated with higher bank profitability, and that IT and network efficiency are key drivers. Furthermore, Covid-19 and the level of country IT positively moderate this relationship. Interestingly, additional analyses also reveal nonlinear relationships, which suggest that profitability gains from DT investments can take time to materialize and that there are diminishing marginal returns to some DT investments.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance